When do I have to charge VAT (accrual)?
Information on when VAT becomes chargeable
In general, in deliveries of goods the tax accrues when the goods are made available to the client.
In the provision of services the VAT is accrued once the provision of the service is completed.
In leases, supplies and other operations of successive tract , at the time the price becomes payable.
If advance payments are made, the accrual occurs at the moment of the advance payment . On the other hand, deferral of payment is irrelevant.
There are specialties in the case of execution of works for Public Administrations, transmissions between client and commission agent, self-consumption, certain successive tract operations and intra-community deliveries (see article 75 LIVA )
The time of the chargeable event is the time when the obligation to issue an invoice and charge VAT is determined, as well as the period in which the VAT due must be declared.
If the customer is a business person or professional, the invoice may be issued up to the 15th of the following month, but must be declared in the period in which the accrual of the transaction or the advance payment occurred.